Yashodhara Shroff vs Union of India - 2019 Supreme(Kar) 1258

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

2019 Supreme(Kar) 1258

B.V.NAGARATHNA
Yashodhara Shroff – Appellant
Versus
Union of India – Respondent

Advocates:
Advocate Appeared:
Praveen Kumar, Prabhuling Navadgi, Santhosh S. Nagarale, Anupama Hegde, Shyamala V. Devagiri, C.K. Nandakumar, Santosh S. Nagarale, Harish Kumar M.S., Vamshi Krishna C., Shyam Sundar H.V., Sourabh R.K., Girish Kodgi, M.C. Nagashree, Akshaya B.M., Arun M.I., K.S. Bheemaiah, H. Srinivas Rao, Prema Hatti, S. Vivekananda, Chandrakanth Patil K., Ajay J.N., Zulfikir Kumar Shafi, Sanjay Nair, S. Simha Dutta, A. Madhusudhana Rao, G. Balakrishna Shastry, Srinivas Rao, R.M. Uday Shankar, Dhananjay Joshi, Arjun Rao, Beena P.K., Sinchana M.R., K.G. Raghavan, Kashyap N. Naik, Jeevan Kumar B.S., Vishwanath G., Ravi Kumar M.K., Saji P. John, P. Bharath, Nagaraju N., B. Sharath Kumar, K.N. Krishna Rao, Sampat Anand Shetty, Chidananda Urs B.G., Thomas Vellapally, Atul K. Alur, A. Murali, Mohan B.K., Sreevidya G.K., Shirish Krishna, Abhijit Atur, Purushotham R., P.G. Prashanth, M.K. Ravikumar, Udaya Holla, Maya Holla, C. Shashikanth, Dhyan Chinnappa, Aditya Sondhi, Chinthan Chinnappa, Srinivasan S.K., Nitya Kaligotla, Aditya Narayan, Deepak Bhaskar, H. Sriniva Rao, K.S. Harish, Uday Shankar, Uday Shankar R., Sachindra Karanth K., Adinarayana M., Anish Acharya, Gayatri Sridharan, Shreyas Jayasimha, Manjunath K.S., Achal Anand V.J., V.S. Arbatti, Devaraj K.S., K. Anandarama, Rajaram Sooryambail, Rama Kumar A., Madhu N. Rao, R.B. Aneppanavar, Ajay Shankar, Akshay, Aruna Shyam M., Praveen Kumar Hiremath, S.K. Ravi, Raghavendra C., K.S. Anusuyadevi, Ajay R. Aneppanavar, Chintan Chinnappa M., Syed Abdul Saboor, Ajay J. Nandalike, Chintan Chinnappa, M.I. Arun, K. Venkatramani.

JUDGMENT :

B.V. Nagarathna, J.

1. As common questions of fact and law arise in these writ petitions, they have been clubbed together, heard and disposed of by this common order.

I have heard the learned senior counsel and learned counsel for the petitioners and learned Additional Solicitor General of India and other counsel for Union of India and respondents, and perused the pleadings and statement of objections filed on behalf of the respondents.

2. The Petitioners herein were directors of either public companies or private companies or both and they are all aggrieved by their disqualification as directors as per the list issued by the respondents.

Part-2

Bird's eye view of the controversy:

3. In these writ petitions, some of the petitioners have assailed the vires of Section 164(2)(a) of the Companies Act, 2013 (hereinafter referred to as "the Act" for the sake of brevity) as well as Section 54 of the Companies (Amendment) Act, 2017 (hereinafter referred to as "the Amendment Act, 2017") by which a proviso has been inserted to clause (a) of sub-section (1) of Section 167 of the Act as well as Section 167(1)(a) itself. In all these writ petitions, the List published by the respondent-auth

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2019 Supreme(Kar) 1258

B.V.NAGARATHNAYashodhara Shroff – AppellantVersusUnion of India – Respondent

Cases Referred (69)

B.V.NAGARATHNA
Yashodhara Shroff – Appellant
Versus
Union of India – Respondent